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First Foundation Advisors cut TJX holdings, but TJX beat earnings forecasts and raised dividend.
First Foundation Advisors reduced its TJX Companies holdings by 10% to 11,935 shares, valued at $1.44 million, in the fourth quarter.
TJX reported EPS of $1.23, exceeding analyst expectations of $1.16, with a revenue of $16.35 billion.
The company also announced a quarterly dividend of $0.425.
Analysts predict an EPS of 4.18 for the current fiscal year, giving TJX a "Moderate Buy" rating and a target price of $135.76.
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Primeros Asesores de la Fundación cortaron las tenencias de TJX, pero TJX venció las previsiones de ganancias y aumentó los dividendos.